Crown Electr Stock Price, News & Analysis

Crown Electrokinetics Corp. (NASDAQ: CRKN) has announced the acquisition of 10 patents from IBM, enhancing its smart glass technology portfolio to a total of 34 patents and applications. The patents, covering the US, China, Great Britain, Germany, and Japan, focus on technologies such as variable opacity glass and glare-reducing windows for vehicles. Utilizing the IPwe platform, Crown aims to strategically leverage external innovations while improving its core patent quality, reinforcing its position in the growing smart glass market.

Crown Electrokinetics Corp. (NASDAQ: CRKN) announced that CEO Doug Croxall will participate in three upcoming conferences in October 2021. The events include:

• Benzinga Rising Stars Conference: October 7, 2021, at 12:45 p.m. ET (Virtual).
• LD Micro Main Event XIV: October 13, 2021, at 2:30 p.m. PT in Los Angeles.
• Dawson James Securities Conference: October 21, 2021, at 2:00 p.m. ET in Jupiter, FL.

Crown specializes in smart glass technology, enhancing glass surfaces with their DynamicTint product.

Crown Electrokinetics Corp. (NASDAQ:CRKN) has announced its first commercial agreement with MetroSpaces Inc. (OTC PINK:MSPC) for the installation of its Smart Window Inserts, powered by DynamicTint, in a 70,000 square-foot office building in Houston, Texas. This installation aims to significantly improve energy efficiency, potentially reducing energy costs by approximately 26%. The deployment is set to begin in Q1 2022, signaling Crown's commitment to sustainable technology in commercial real estate.

Crown Electrokinetics Corp. (CRKN) announced a significant milestone by signing its first commercial agreement with MetroSpaces Inc. (MSPC), a proptech company, to install Smart Window Inserts in a 70,000 sq. ft. office building in Houston, Texas. This innovative technology enhances energy efficiency by retrofitting existing windows, potentially reducing energy costs by approximately 26%. Installation is expected to begin in Q1 2022. The partnership signifies a strategic move towards sustainable building solutions and could lead to future contracts with larger clients.

Crown Electrokinetics Corp. (NASDAQ: CRKN) will participate in A.G.P.'s Virtual Energy Conference on September 21, 2021. CEO Doug Croxall will represent the company, which specializes in smart glass technology and patented thin-film solutions. Their flagship product, DynamicTint, allows glass surfaces to change from clear to dark instantly, providing energy efficiency and sustainability advantages. Further inquiries about the conference can be directed to A.G.P. or KCSA Strategic Communications.

Crown Electrokinetics Corp. (NASDAQ: CRKN) has appointed Mindy Hamlin as Vice President of Engineering. With over 30 years of experience, including leadership roles in R&D and product development at HP, Hamlin aims to enhance Crown's engineering capabilities and support the commercialization of its DynamicTint™ technology. This innovation is designed to assist commercial buildings in reducing energy costs and carbon emissions. The company holds a strong patent portfolio and focuses on sustainable glass technology.

Crown Electrokinetics Corp. (NASDAQ: CRKN), a leader in smart glass technology, announced CEO Doug Croxall's participation in two upcoming virtual conferences. The Colliers 2021 Institutional Investor Conference is scheduled for September 9, 2021, while the H.C. Wainwright 23rd Annual Global Investment Conference will take place from September 13-15, 2021. Croxall's presentation will be available on-demand starting September 13 at 7:00 a.m. ET. The company specializes in sustainable thin-film solutions that enable glass to transition between clear and dark.

Crown Electrokinetics Corp. (NASDAQ: CRKN) reported a net loss of $5.4 million for Q1 fiscal 2022, down from $10.5 million in the same period last year. The company launched its DynamicTint Smart Glass Inserts, with initial tests indicating potential energy cost reductions of 26% in commercial buildings. SG&A expenses decreased to $5.0 million from $7.9 million year over year, driven by lower stock-based compensations. As of June 30, 2021, Crown's cash and cash equivalents stood at $12.5 million, alongside working capital of $11.9 million, supporting future growth activities.

Crown Electrokinetics Corp. (NASDAQ: CRKN) will be represented by CEO Doug Croxall at the Benzinga Reopening Stocks Summit, set for August 18-19, 2021. Croxall's presentation is scheduled for August 18 at 12:15 p.m. ET. The summit will focus on the recovery of the stock market and investment opportunities.

Crown is known for its innovative DynamicTint technology, transforming glass surfaces from clear to dark in seconds. This sustainable solution targets various applications, including commercial and residential uses. For more details, visit www.crownek.com.